Govt begins right sizing of federal ministries and departments
Committee urges Ministry of IT to implement recommendations
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FINANCE
Currency Update: Saudi Riyal and UAE Dirham fall against PKR
Fluctuation in the value of Saudi Riyal and UAE Dirham make exchange rate a focal point for many Pakistani expatriates
Pakistan's trade deficit widens by around 20% in July
Exports in July amount to $2.308 billion, marking an 11.83% increase from July 2023
Gold prices in Pakistan see another massive increase
Silver rates in local market remain stable at Rs2,900 per tola
Pakistan Railways decreases fares for passenger trains
Fare reduction applies to all passenger trains operating nationwide
Major irregularities uncovered in Toshakhana management in audit report
Report declares illegal all concessions given to prime ministers over the years through rules relaxation
Govt won't be involved in a business the private sector does: Minister
Dar says there are opportunities for economic development, obstacles need to be removed
Pakistan’s long-term credit rating maintained at CCC+
S&P's cites political instability and chaos as significant threats to country's economic stability
Gold price in Pakistan once again sees huge increase
Market analysts attribute rise in gold prices to various factors, including fluctuations in global market
Sugar price sees major increase over export permission
Ministry takes notice of price hike, seeks clarification from Pakistan Sugar Mills Association
Chicken prices in Peshawar see record increase
Price of chicken meat also increase, now costing Rs735 per kilogramme
Ministry says inflation expected to come down to single digit soon
Report says in June 2024, 43,356 Pakistanis got jobs abroad
Price of gold in Pakistan drops after constant increase
Market analysts attribute rise in gold prices to various factors, including fluctuations in global market
Pakistan's foreign direct investment rises 17% in fiscal year 2024
SIFC's business-friendly policies contribute to significant growth in FDI
Foreign companies in Pakistan send more profits abroad than investment
In 2023-24, foreign firms repatriated $2.21bn in profits compared to investments of $1.5bn
Price of gold in Pakistan continues upward flight
Market analysts attribute rise in gold prices to various factors, including fluctuations in global market
State Bank of Pakistan reduces interest rate to 19.5%
Governor says reduction comes in response to continuously decreasing inflation rate
Strikes, sit-ins cause 150% increase in vegetable, fruit prices
Recent road closures in Balochistan, particularly Gwadar, have exacerbated situation for the past four days
Bullish trend at stock exchange: KSE-100 Index sees upward trend
Surge attributed to widespread expectation that SBP will announce reduction in interest rates
State Bank of Pakistan to announce new monetary policy today
SBP governor to announce interest rate in press conference after Monetary Policy Committee convenes at SBP head office
Prices of petroleum products likely to fall from August 1
Finance minister will announce new prices of petroleum products on July 31 after PM's approval
Prices of gold in Pakistan increase for second day
Market analysts attribute rise in gold prices to various factors, including fluctuations in global market
Pakistan faces shortfall in external debt, secures only $9.81bn
Asian Development Bank, World Bank emerge as largest sources of multilateral loans
Privatization Commission approves sale of Discos
Aleem Khan says privatization very important for strengthening, recovery of economy
Pakistan's inflation soars to 20.09%; commodity prices spike
Inflation increased by 0.17% last week, prices of 19 essential commodities saw significant increases
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